Gate News message, April 4, whale trader "set 10 big goals first" posted on the X platform showing its long positions, indicating it has again gone long on Bitcoin, with a limit price of 67023.8 USD. The account has recently drawn attention for the accuracy of its market outlook, but its trade screenshots come from a centralized exchange and cannot be verified for authenticity; users should exercise caution, assess the information carefully, and be mindful of risks.

The United States will provide a $40 billion reinsurance commitment for vessels transiting the Strait of Hormuz, and will introduce new insurance partners to boost confidence in maritime trade. The DFC will work with multiple insurance companies to jointly determine which vessels qualify for reinsurance.

Gate News message. On April 3, Hyperliquid announced that after the next network upgrade, users whose trading account assets exceed $10k will be able to enable Portfolio Margin without any trading volume requirements. After depositing funds, new users can immediately use this mode to trade. Meanwhile, accounts whose weighted trading volume in the main account reaches $5 million can still enable Portfolio Margin, and this rule remains unchanged.

On April 3, the crypto market continued to trade in choppy conditions. Bitcoin was consolidating around $67,000, maintaining its broader downward trend that began last October. The futures market saw thin trading, with Solana futures open interest hitting a new high, and the volatility index falling to its lowest level since February. Market structure indicates that short positions are increasing.

Gate News message, April 3, SushiSwap announced the launch of contract trading functionality, which is technically supported by Hyperliquid. Users can earn points for every trade, and these points will be included in the upcoming Sushi rewards and incentives program. In addition, users who participate in trading early will receive a points multiplier reward.

Gate News reports that on April 2, Anna, the founder of stablecoin infrastructure company Perena, issued a statement confirming that its three products—Perena USD, USD-J, and USD-P—were not affected by the Drift attack incident. However, the JLP vault managed by Neutral Trade, a platform sharing quantitative strategies within the Solana ecosystem, is running on Drift, which may pose certain risks or implications.

An online social trading platform announced on April 1 that New York residents can trade crypto assets on its platform, alongside stocks, ETFs, and options. After obtaining a BitLicense and a remittance license, the platform’s services cover 48 U.S. states and aim to promote digital financial inclusion and open up global markets.

Peken Global has agreed to pay $500,000 to the CFTC to resolve a civil lawsuit, because as an unregistered platform it illegally allowed U.S. residents to trade. The company did not admit the allegations, but agreed to avoid providing services to U.S. customers. The CFTC said that U.S. customers generated approximately $110 million in trading fees for it.

Polymarket has reached a strategic partnership with Parti.com to launch a product that integrates real-time prediction markets into the live streaming experience. Streamers and viewers can directly discover and trade Polymarket's markets on Parti.com, while also launching the Earn Program, allowing creators to profit from viewer trades. Additionally, Boutique Culture Markets will be introduced to expand the prediction markets for cultural hotspot events.